Welcome to our dedicated page for Crown Electr news (Ticker: CRKN), a resource for investors and traders seeking the latest updates and insights on Crown Electr stock.
Crown Electrokinetics Corp. (CRKN) uses its news releases to highlight developments across its Smart Windows and Construction businesses, as well as important corporate and capital markets events. Readers of this news feed can follow how Crown presents its role as an infrastructure solutions provider focused on fiber optics, water service lines, water intake solutions, XXL pipelines, and Smart Windows technology.
The company’s construction-related updates have included contract wins and project milestones in Crown Fiber Optics, Element 82, and water intake solutions. For example, Crown has reported multi-year fiber infrastructure contracts and a growing portfolio of contracts and backlog for Crown Fiber Optics, along with rural broadband projects in regions such as the Pacific Northwest and work with regional and privately held internet service providers. Other releases describe lead service line inspection projects under Element 82 and progress on slant wells and planned reverse osmosis facilities in Mexico.
Financial and strategic news items cover quarterly and full-year results, commentary on revenue growth from infrastructure contracts, and management’s discussion of shifting from rapid growth to what it calls smart growth. Corporate governance and capital markets announcements include leadership changes, board appointments, changes in the independent registered public accounting firm, Nasdaq delisting determinations, appeals and reconsideration efforts, and the company’s intention to voluntarily delist from Nasdaq while trading on the OTC market.
In addition, Crown has announced an Agreement and Plan of Merger involving a tender offer that is intended to result in Crown becoming a wholly owned subsidiary of an acquiring entity, as well as subsequent amendments to that agreement. By reviewing this news stream, investors and observers can see how Crown communicates about its infrastructure contracts, Smart Windows development, trading status, and merger-related activity over time.
Crown Electrokinetics Corp. (NASDAQ: CRKN) announced its participation in the 34th Annual ROTH Conference in Dana Point, California, from March 13-15, 2022. Doug Croxall, Chairman & CEO, will engage in a fireside chat on March 14 at 8:00 a.m. PT, hosted by ROTH's Senior Research Analyst Gerard Sweeney. The conference offers opportunities for one-on-one meetings with Crown's management. Crown specializes in smart glass technology, specifically DynamicTint, which allows glass to switch between clear and dark, contributing to energy efficiency and sustainability.
Crown Electrokinetics Corp (CRKN) announced a partnership with Hudson Pacific Properties to implement energy-saving Smart Window Inserts at various West Coast office locations. These solar-powered inserts enable rapid window tinting, potentially reducing energy consumption from heating and cooling by 26%. Hudson Pacific aims to enhance sustainability in its properties, aligning with the increasing demand for climate innovations. This move supports both environmental goals and cost reductions in energy usage for tenants.
Crown Electrokinetics Corp. (NASDAQ: CRKN) will participate in a Water Tower Research Fireside Chat on November 18, 2021, at 2:00 pm ET. Chairman & CEO Doug Croxall will discuss smart glass solutions, specifically their innovative technology, DynamicTint, which allows glass to transition between clear and dark rapidly. The firm highlights its commitment to sustainability and reducing carbon emissions with this technology. Interested participants can register for the event online.
Crown Electrokinetics Corp. (CRKN) reported its fiscal Q2 2022 results, ending September 30, 2021, with a net loss of $5.7 million, slightly down from $5.8 million in Q2 2021. Key developments included acquiring 10 patents from IBM, signing a commercial agreement with MetroSpaces for a Houston office installation, and hiring Mindy Hamlin as VP of Engineering. Operating expenses rose to $5.7 million, primarily due to stock-based compensation. As of September 30, Crown held $9.7 million in cash.
Crown Electrokinetics Corp. (NASDAQ: CRKN) will announce its fiscal 2022 second quarter financial results on November 12, 2021, before market opening. A conference call will follow at 11:00 a.m. ET, featuring leadership remarks from Doug Croxall and Joel Krutz. The call can be accessed via toll-free numbers and will be available for replay until November 26, 2021. Crown specializes in smart glass technology, including its patented DynamicTint product, which enhances glass functionality and promotes sustainability.
Crown Electrokinetics Corp. (NASDAQ: CRKN) has announced the acquisition of 10 patents from IBM, enhancing its smart glass technology portfolio to a total of 34 patents and applications. The patents, covering the US, China, Great Britain, Germany, and Japan, focus on technologies such as variable opacity glass and glare-reducing windows for vehicles. Utilizing the IPwe platform, Crown aims to strategically leverage external innovations while improving its core patent quality, reinforcing its position in the growing smart glass market.
Crown Electrokinetics Corp. (NASDAQ: CRKN) announced that CEO Doug Croxall will participate in three upcoming conferences in October 2021. The events include:
- Benzinga Rising Stars Conference: October 7, 2021, at 12:45 p.m. ET (Virtual).
- LD Micro Main Event XIV: October 13, 2021, at 2:30 p.m. PT in Los Angeles.
- Dawson James Securities Conference: October 21, 2021, at 2:00 p.m. ET in Jupiter, FL.
Crown specializes in smart glass technology, enhancing glass surfaces with their DynamicTint product.
Crown Electrokinetics Corp. (NASDAQ:CRKN) has announced its first commercial agreement with MetroSpaces Inc. (OTC PINK:MSPC) for the installation of its Smart Window Inserts, powered by DynamicTint, in a 70,000 square-foot office building in Houston, Texas. This installation aims to significantly improve energy efficiency, potentially reducing energy costs by approximately 26%. The deployment is set to begin in Q1 2022, signaling Crown's commitment to sustainable technology in commercial real estate.
Crown Electrokinetics Corp. (CRKN) announced a significant milestone by signing its first commercial agreement with MetroSpaces Inc. (MSPC), a proptech company, to install Smart Window Inserts in a 70,000 sq. ft. office building in Houston, Texas. This innovative technology enhances energy efficiency by retrofitting existing windows, potentially reducing energy costs by approximately 26%. Installation is expected to begin in Q1 2022. The partnership signifies a strategic move towards sustainable building solutions and could lead to future contracts with larger clients.
Crown Electrokinetics Corp. (NASDAQ: CRKN) will participate in A.G.P.'s Virtual Energy Conference on September 21, 2021. CEO Doug Croxall will represent the company, which specializes in smart glass technology and patented thin-film solutions. Their flagship product, DynamicTint, allows glass surfaces to change from clear to dark instantly, providing energy efficiency and sustainability advantages. Further inquiries about the conference can be directed to A.G.P. or KCSA Strategic Communications.